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Financial Statements
Essay specific features
Written by:
Norma S
Date added:
May 15, 2015
Level:
University
Grade:
A
No of pages / words:
2 / 431
Was viewed:
3499 times
Rating of current essay:
Essay content:
The relationship between both
categories are where the balance sheet comes from and the assets must be in balance.
Income statements
On this format, the business will show how successfully has been doing during a
period of time. It reports their revenues and expenses, their success or failure. The net
income is determined by deducting expenses from revenues...
displayed 300 characters
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It reports their revenues and expenses, their success or failure. The net
income is determined by deducting expenses from revenues.
Retained earnings statements
This format will indicate how much of previous income was distributed to the owners
on their business in the form of dividends and how much was retained to allow the
business growth future...
displayed 300 characters
General issues of this essay:
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